haku: @indexterm capital investment / yhteensä: 460
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| Tekijä: | Kim, S. Lee, Y.H. |
| Otsikko: | Public Sector Capital and the Production Efficiency of U.S. Regional Manufacturing Industries |
| Lehti: | Japanese Economic Review
2002 : DEC, VOL. 53:4, p. 466-477 |
| Asiasana: | CAPITAL INVESTMENT PUBLIC SECTOR EFFICIENCY INFRASTRUCTURES MANUFACTURING INDUSTRY USA PRODUCTIVITY STATISTICAL METHODS PANEL DATA |
| Kieli: | eng |
| Tiivistelmä: | The paper applies a stochastic frontier production model with time-varying technical efficiency to study the relationship between public capital and technical efficiency using panel data for U.S. state manufacturing industries during 1969-86. The authors conclude that for a country to increase its overall production efficiency, more public capital investments could be directed to regions with lower techical efficiency. |
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